Please check out posts at my other blogs too!!!

Friday, June 16, 2017

From the Editor's DeskAmazon's Fire Phone was a failure. It's the kind of thing most managers hope people soon forget about. But Amazon embraced it. Jeff Bezos said in an interview not long after the phone was pulled: "If you think that's a big failure, we're working on much bigger failures right now. I am not kidding. Some of them are going to make the Fire Phone look like a tiny little blip." Netflix just announced the cancellation of several expensive original shows. This is also the kind of thing most media CEOs get mad at and demand a strategy shift. Which is what Reed Hastings did. Except his demand was that more Netflix shows should fail: "Our hit ratio is way too high right now. I'm always pushing the content team. We have to take more risk. You have to try more crazy things, because we should have a higher cancel rate overall." Amazon and Netflix owe a lot of their success to their ability to fail well. More here

Retail rents remain flat across key Indian citiesOf the 18 featured markets, almost all markets – including most sub-markets of Indian cities – recorded flat rents. Marginal appreciation of 0.5-1.5% q-o-q was recorded in select sub-markets of Delhi-NCR and Mumbai.

The slowing salary hikes at Indian companiesIndian companies, across industries, have consistently paid lower salary hikes over the past 10 years. Experts don’t see the decade-old golden days of good pay hikes return, any time soon

How Bira became India's favourite beer in just two yearsBira 91's founder Ankur Jain returned to India in 2007 after running a healthcare startup in New York. He initially started importing a few beers to get a to hold in the sector, having had no prior experience in the liquor business. "By 2014, I realised it was time for us to introduce a brand that resonated with the young urban population of India with key focus areas being taste, flavour and quality," Jain said. Story behind Bira 91